Bewi ASA (DE:5T0) has released an update.
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BEWI ASA has initiated a strategic review of its automotive business, which specializes in insulation and soundproofing solutions and generated EUR 75 million in 2023. The review, advised by financial firm Stout, aims to enhance the business and reallocate capital towards growth in insulation and energy-efficient solutions, in line with the company’s sustainability and circular economy goals.
For further insights into DE:5T0 stock, check out TipRanks’ Stock Analysis page.